The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.
<h3>What is the STEEPLE model?</h3>
This is an analysis model in which each letter represents a factor to be analyzed:
- Social
- Technology
- Economic
- Environmental
- Political
- Legal
- Ethical
<h3>What is an example of this model?</h3>
Let's analyze a war between two countries:
- Social: The families are negatively affected by the war.
- Technology: Weapons and other technologies are used as part of the war.
- Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.
- Environmental: There is pollution due to waste derived from weapons.
- Political: Most wars are the result of political conflicts.
- Legal: There are specific international rules that regulate wars.
- Ethical: The use of weapons against a population rises ethical concerns and dilemmas.
Learn more about analysis in: brainly.com/question/5040600
Answer:
Appalachian Beverages
The Updated current ratio is:
= 1.65
Explanation:
a) Data and Calculations:
Current assets = $39,900
Current ratio = 1.90
Current liabilities = $21,000 ($39,900/1.90)
Current Assets:
Beginning balance = $39,900
Inventory $5,100
Cash ($2,000)
Ending balance = $43,000
Current Liabilities:
Beginning balance = $21,000
Accounts Payable $5,100
Ending balance = $26,100
Analysis of Transactions:
1. Inventory $5,100 Accounts Payable $5,100
2. Delivery Truck $10,000 Cash $2,000 Two-year Note Payable $8,000
Updated current ratio = Current assets/Current liabilities
= $43,000/$26,100
= 1.65
Answer:
The correct answer is letter "C": it yields a larger variety of solutions than generally available using an LP method.
Explanation:
In Goal Programming (GP), the MINIMAX objective aims to minimize the maximum deviation from any type of objective. This approach carries a larger number of solutions compared to the Linear Programming (LP) method which mainly focuses on assigning more weight to each goal in the objective function.
Answer: Option (c) is correct.
Explanation:
Given that,
Alternatives for a person if he do not attend his neighbor's barbecue:
(1) Watch television with some friends = he value this at $17
(2) Read a good novel = he value this at $14
(3) Go in to work = he could earn $16 during the barbecue
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
Therefore, the opportunity cost of going to his neighbor's barbecue is the enjoyment he get from watching television with some friends because this is the highest valued alternative forfeited.
